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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
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- Oil prices steady as investors focus on Hormuz flows after peace talks
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Jefferies Reiterates Hold on Yum! Brands (YUM) Following 3Q Report
October 7, 2016 8:06 AM EDTJefferies reiterated a Hold rating and $85.00 price target on Yum! Brands (NYSE: YUM) following the company's 3Q earnings report. YUM reported EPS of $1.09, slightly below the $1.10 consensus estimate. TB and KFC put up good results with 3% sss/9% oper profit growth and +4% sss and 11% oper profit... More
Oppenheimer Reiterates Outperform on Yum! Brands (YUM) Following 3Q Report
October 6, 2016 10:13 AM EDTOppenheimer reiterated an Outperform rating and $97.00 price target on Yum! Brands (NYSE: YUM) following the company's 3Q earnings report. Adjusted EPS was $1.09, compared to the Street's $1.10 estimate, as operating profits grew 11% globally. Comps at KFC (+4%) and TB (+3%) displayed a surprising beat and are outperforming... More
